Electric Vehicles Industry News
A collection of Electric Vehicles latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
The Rise of China's Electric Vehicle Industry
How did China grow its EV industry? Hint: it wasn't really central planning from Beijing. It was a magical concoction of entrepreneurs and local officials using their guanxi to dance around giant SOEs and central-government regulation, leverage…
Ferrari's first ever electric car sold for record $40m at auction
Ferrari's first ever all-electric car has fetched $40m (£29.5m) in a charity sale, setting a record for a new car sold at auction. The Sotheby's auction in California raised more than 35 times the usual price of a Ferrari Luce. The auction…
Ferrari has last laugh as first electric car sells for $57m
Monterey | Ferrari's first all-electric car was met with derision, mockery and an 8 per cent fall in the company share price when it was unveiled in May. But that hasn't dampened its sale price. The Luce was described as “an aesthetic and…
Porsche to end production of flagship electric car: Report
Struggling German sports car maker Porsche plans to end production of the Taycan, its flagship fully electric model, by 2030 after steadily dwindling sales, a report said Thursday (Aug 13). The manufacturer announced last year a major rollback of…
Behold the $40 million Ferrari - the most expensive electric car ever sold
The Ferrari Luce has just set a new record, selling for $40 million at an auction in California. The heavily customised version of Ferrari's first EV was sold as a charity auction, but far exceeded the expected price. A shock result surfaced at a…
America doesn't need faster e-bikes. It needs better small electric vehicles
For the last few years, it has felt like the electric bike industry has been engaged in a constant arms race. Every new launch seems to promise more speed, more power, bigger batteries, and increasingly motorcycle-like styling. And every time a new…
Andy Burnham's petrol and diesel car ban decision could 'impact UK jobs'
Andy Burnham could make major changes to the UK's ZEV Mandate Andy Burnham's decision to look into tweaking the UK's petrol and diesel car ban rules could be a boost for UK jobs, according to motoring experts. On Friday, the Government confirmed it…
Europe is now the top destination for Indian electric cars
What's the story India's electric vehicle (EV) exports have witnessed a massive surge in the first quarter of FY 2026-27. The country's export earnings from electric motor cars jumped to $369 million from just $22.2 million during the same period…
Ferrari Luce: Polarizing EV becomes a $40 million collector's item
A bespoke model of Ferrari's first fully electric vehicle sold for $40 million in a charity sale, setting a record for a new car sold at auction. The auction comes nearly three months after the unveiling of Ferrari's first fully electric car, which…
Ferrari's first EV sells for staggering $40M at Monterey auction
Ferrari's first fully electric vehicle sold for a staggering $40 million at auction in Monterey, California. The 2026 Ferrari Luce 'Tailor Made,' identified as 'Chassis 0,' is the first production chassis from the Italian luxury automaker's new…
This sub-$7,000 sportscar might be just what the future needs
This past weekend saw Monterey Car Week at perhaps its most excessive ever. The auctions set records, including $42.9 million for one of six Shelby Daytona Coupes, and $40 million for Ferrari's first Luce electric vehicle to reach private hands.
The clean energy revolution has a mining problem
Every electric vehicle, battery storage system, transmission line, wind turbine, solar installation, and next-generation nuclear reactor begins with materials extracted from the earth. Before America can build the infrastructure needed to power…
Mercedes-Benz To Bring Back Physical Buttons In Future Vehicle Interiors
Mercedes-Benz has announced a strategic shift in its interior design philosophy, confirming plans to reintroduce physical buttons and tactile controls across its future automotive lineup. The decision, officially verified by CEO Ola Källenius…
Job losses mount at German carmakers as China challenge grows
Germany's automotive industry shed 42,300 jobs in the year to the end of June, sending employment to its lowest level since 2005 as carmakers grappled with falling profits in China and mounting competition from Chinese brands in Europe, and…
Qatar enters regional EV race with first production facility
Qatar's first electric vehicle factory aims to start production in 2028, following a deal between the local JTA International Investment Holding and British startup Watt Electric Vehicle Company. The agreement will see passenger cars and delivery…
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